debt
confidence high
sentiment neutral
materiality 0.65
Aptose secures $11.9M loan from Hanmi to fund tuspetinib AML study
Aptose Biosciences Inc.
- Amended facility with Hanmi provides up to $11.9M in uncommitted advances through Dec 31, 2025; first advance expected soon.
- Final $1.4M advance received under prior June 2025 facility, totaling $8.5M from that agreement.
- Loan is a related-party transaction; Aptose relies on financial hardship exemption from formal valuation and minority approval.
- Proceeds fund TUSCANY Phase 1/2 trial of tuspetinib + venetoclax + azacitidine in newly diagnosed AML patients.
- Early data showed 9/10 patients responded; 100% CR/CRh at 80mg and 120mg cohorts across adverse mutations.
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